Agricultural and Resource Economics (AREC)  Dept Info - College Info

AREC 193 -- Internship (1-8) [Rpt.] I II Contact department for a description of this course.

AREC 199 -- Independent Study (1-3) [Rpt.] I II Contact department for a description of this course.

AREC 215 -- Agribusiness Economics and Management (3) II Essential economic concepts and analytical tools for agribusiness managers are developed and applied to current business challenges and opportunities. Emphasis placed on decision tools, budgeting, forecasting, strategy, organization and relationship management. P, ECON 200 or ECON 201A.

AREC 217 -- Resources and Environmental Economics (3) II Relationship between man and use of natural resources and environmental systems, with emphasis on the economic implications of alternative environmental, energy and land-use policies. P, ECON 200 or ECON 201A. (Identical with ECON 217).

AREC 242 -- World Food Economy (3) II World resources of agriculture; population and food supply; economics of hunger, world trade and agricultural policies. P, ECON 200 or ECON 201A. (Identical with ECON 242).

AREC 293 -- Internship (1-8) I II Contact department for a description of this course.

AREC 299 -- Independent Study (1-3) [Rpt.] Contact department for a description of this course.

AREC 299H -- Honors Independent Study (1-3) [Rpt.] I Contact department for a description of this course.

AREC 313 -- Economics of Futures Markets (3) I Commodity and financial futures market participants, evolution, functions, performance, price determination, and regulation with hedging and speculative applications of futures and futures-options contracts. P, ECON 200 or ECON 201A. (Identical with ECON 313, FIN 313).

AREC 339 -- Economic Statistics (3) II Application and interpretation of statistical measures to problems in economics. P, MATH 113. Credit allowed for only one of these courses: AREC 339, ECON 376, MAP 376, MKTG 376. (Identical with ECON 339).

AREC 350 -- Economics, Ethics and Environmental Management (3) I Critical analysis of environmental issues using political economy models. Integrates economic, ethical and political concepts in discussing conflicts surrounding food safety, endangered species, land use, and pollution issues. P, ECON 200 or ECON 201A or two courses from Tier One, Individuals and Societies (INDV 101, 102, 103, 104). Approved as Tier Two - Individuals and Societies.

AREC 375 -- Economics of Land and Water in the American West (3) I II Economic analysis of natural resource issues, policies and management. Case studies focus on water supplies, public and tribal lands, river basins, recreation, and wildlife resources in the western U.S. P, AREC 217 or ECON 201A. (Identical with ECON 375, RNR 375).

AREC 377 -- Economics of Environmental Resource Conservation (3) II Application of economic concepts to the management of environmental resources. Interdependence between environmental quality and economic activities is examined through discussion of property rights, economic incentives, externalities, and the design of sustainable environmental policies. P, open to majors only. (Identical with ECON 377, RNR 377, SWES 377).

AREC 393 -- Internship (1-8) I II Contact department for a description of this course.

AREC 399 -- Independent Study (1-3) I II Contact department for a description of this course.

AREC 399H -- Honors Independent Study (1-3) [Rpt.] Contact department for a description of this course.

AREC 403 -- Marketing and Price Analysis (3) II Market functions, costs, price indices, seasonality, marketing margins, commodity market models, price determination and price forecasting. P, ECON 300 or ECON 361; AREC 339.

AREC 404 -- Production Economic Analysis (3) I Application of production economics principles and analytical techniques to the solution of agricultural economics problems. P, ECON 361 or ECON 300; MATH 113.

AREC 450 -- Financial Management for Agribusiness (3) I Application of financial management principals and tools to challenges and opportunities facing agribusiness firms. Emphasis is placed on the acquisition, allocation, control and transfer of capital resources. P, ECON 300 or ECON 361; 3 units of accounting. May be convened with AREC 550.

AREC 451 -- Marketing Strategy (3) I P, B AD 303; CR, B AD 303 or MKTG 361. (Identical with RCSC 451, which is home).

AREC 452 -- Business Policy (3) II P, open to majors only. (Identical with RCSC 452, which is home).

AREC 464 -- Economics of Policy Analysis (3) I Applied economic theory and method of policy analysis and public choice. Emphasis is on policies impacting agriculture and rural America-especially historical and continuing government intervention in agricultural markets. Writing Emphasis Course. P, satisfaction of the upper-division writing proficiency requirement; ECON 300 or ECON 361; MATH 113.

AREC 471 -- Problems in Regional Development (3) I II Writing Emphasis Course. P, satisfaction of the upper-division writing proficiency requirement. (Identical with GEOG 471, which is home). May be convened with AREC 571.

AREC 476 -- Environmental Law and Economics (3) II A complex set of laws has developed to control the environmental risks posed by potentially polluting activities. In this course, a survey and an economic evaluation are presented of major environmental legislation designed to protect air, land and water resource quality. P, ECON 300 or ECON 361. (Identical with HWR 476, RNR 476).

AREC 493 -- Internship (1-3) [Rpt.] I II Contact department for a description of this course.

AREC 493L -- Legislative Internship (1-12) [Rpt.] II Contact department for a description of this course.

AREC 494R -- Research (3) [Rpt./ 1] I II Contact department for a description of this course. P, ENGL 101 and MATH 110 and ABE 120 or consent of instructor.

AREC 498 -- Senior Capstone (1-3) I II Contact department for a description of this course.

AREC 498H -- Honors Thesis (3) [Rpt./ 2] Contact department for a description of this course.

AREC 499 -- Independent Study (1-5) [Rpt.] Contact department for a description of this course.

AREC 499H -- Honors Independent Study (1-3) [Rpt.] Contact department for a description of this course.

AREC 504 -- Production Economics (3) [Rpt./ 6 units] I Theory of the firm and industry; single and multiple products; risk and uncertainty. P, ECON 300 or ECON 361; MATH 113. (Identical with ECON 504).

AREC 512 -- Economic Policy in Developing Countries (3) II The role of policies in economic growth and development. The impact of commodity, factor market and macroeconomic policies on economic incentives. (Identical with ECON 512, ARL 512).

AREC 513 -- Consumption Economics and Price Analysis (3) [Rpt./ 6 units] II Theory of the consumer, demand, and market equilibrium, and welfare analysis. P, ECON 361, MATH 113. (Identical with ECON 513).

AREC 514 -- Cost-Benefit Analysis (3) I Theoretical bases and empirical techniques. Consumer-producer surplus; social and private costs; macroeconomic distortions; non-market goods; uses in policy analysis. (Identical with ECON 514).

AREC 515 -- Operations Research in Applied Economics (3) I [Taught alternate years 2000 - 2001] Application of linear, nonlinear, and multiple objective programming, decision theory, and simulation to problems of agricultural production, marketing, policy, and natural resource use. P, MATH 113, ECON 361. (Identical with ECON 515).

AREC 516 -- Agricultural Development (3) I Micro-economic analysis of agriculture in developing economies, focusing on factors affecting production decisions of small farmers, including adoption of new technologies. Interrelationships between agricultural activities and household consumption patterns also discussed. P, ECON 361 or ECON 300. (Identical with ECON 516).

AREC 549 -- Applied Econometric Analysis (3) II P, ECON 518. (Identical with ECON 549, which is home).

AREC 550 -- Financial Management for Agribusiness (3) I For a description of course topics see AREC 450. Graduate-level requirements include a research paper of publishable quality which analyzes a current financial issue or problem in the agricultural sector and selected readings in professional journals. May be convened with AREC 450.

AREC 560 -- Industrial Organization (3) I P, ECON 300 or ECON 361 or ECON 500; ECON 339 or ECON 376 or MKTG 552. (Identical with ECON 560, which is home).

AREC 571 -- Problems in Regional Development (3) I II (Identical with GEOG 571, which is home). May be convened with AREC 471.

AREC 575 -- Economics of Natural Resource Policy (3) II Theory and application of economic concepts needed to evaluate resource laws and policies; including welfare economics, externalities, public goods and valuation methodologies. Case studies focus on the American West and include federal and state environmental, water, and land policies. P, ECON 300 or ECON 361. (Identical with ARL 575, ECON 575, RNR 575).

AREC 576 -- Advanced Natural Resource Economics (3) II Advanced economic theory and analysis of environmental and natural resource issues. P, ECON 361, MATH 113. (Identical with HWR 576, ECON 576, RNR 576).

AREC 577 -- Advanced Topics In the Economics of Environmental Regulation (3) I Advanced economic theory of environmental policy. Topics include regulation of air and water pollution under imperfect competition, imperfect information, costly enforcement, uncertainty, and the use of alternative regulatory instruments. P, MATH 113, ECON 361. (Identical with HWR 577, ECON 577, WS M 577).

AREC 580 -- Mathematics for Economists (2) S Intensive course in essential mathematics for entering graduate students in the M.S. and Ph.D. programs in Economics and Agricultural and Resource Economics. Topics covered include matrix algebra, functions, limits, differentiation, comparative statistics, and constrained and unconstrained optimization. (Identical with ECON 580).

AREC 593 -- Internship (1-6) [Rpt.] I II Contact department for a description of this course.

AREC 593L -- Legislative Internship (1-12) [Rpt.] I II Contact department for a description of this course.

AREC 596A -- Agricultural and Resource Economics (1) [Rpt./ 6 units] I II Contact department for a description of this course.

AREC 599 -- Independent Study (1-6) [Rpt.] Contact department for a description of this course.

AREC 693 -- Internship (1-8) I II Contact department for a description of this course.

AREC 696G -- Interstate Conflict Resolution (3) [Rpt./ 1] II (Identical with SIE 696G, which is home).

AREC 699 -- Independent Study (1-3) [Rpt.] Contact department for a description of this course.

AREC 900 -- Research (1-8) [Rpt.] Contact department for a description of this course.

AREC 909 -- Master's Report (1-8) Contact department for a description of this course.

AREC 910 -- Thesis (1-8) [Rpt.] Contact department for a description of this course.

AREC 920 -- Dissertation (1-9) Contact department for a description of this course.

AREC 930 -- Supplementary Registration (1-9) [Rpt.] Contact department for a description of this course.